Heresy Financial: Why did Switzerland Just Get $6 Billion from the Fed?


Heresy Financial
Oct 16, 2022

Last week, the Federal Reserve opened up its swap lines to the Swiss National Bank to the tune of over $6 billion. The $6.3 billion draw comes on the backs of about $3 billion just one week earlier.

To put this in context, this is more than the Swiss National Bank drew from the Fed swap lines during 2020. So, number one, what are these swap lines How do they work? And number two, why in the world does the Swiss National Bank need $9 billion right now?


If you wish to contact the author of any reader submitted guest post, you can give us an email at and we’ll forward your request to the author.

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.


Copyright © 2022 Dinar Chronicles



Please enter your comment!
Please enter your name here